The Linseed EU crop is now estimated at c.90,000MT, but within this figure, the UK crop is materially lower at max 25,000MT (2013: 50,000MT) on the back of good crop conditions in autumn 2013
At the annual Solvent Extractors Association Castor Conference in Ahmedabad recently, AC Nielsen announced an expected India Castor seed crop of 1,295,000mt for 2015.
Availability from origin remains tight yet the previously high prices appear to be behind us, as they have again fallen by another 3-5% returning to similar pricing seen at the same time last year.
A less dramatic end to the year for Castor oil than in the previous two years when prices had spiked sharply.
Since pricing spiked back in Q1/Q2 the price has eased until last month where now prices look stable. This is most likely down to factories trying to hold on to as high a price as possible while they make offers on next year’s business.
Menthol pricing has marginally increased over the last month, with several buyers covering their 2015 demand. The MCX for spot Mentha oil, is at
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